Supreme Court holds Nomination ≠ Right to Ownership
In the matter of Shakti Yezdani v. Jayanand Jayant Salgaonkar, the hon’ble Supreme Court of India (Supreme Court), on December 14, 2023, while ruling in favour of the legal heir as opposed to the nominee and confirming the consistent view of courts on the concept of nomination, pronounced that nomination does not amount to statutory…